The literature on market timing of long-term debt issuance yields mixed evidence that managers can successfully time … their debt-maturity issuance. The early results that are indicative of debt-maturity timing are not robust to accounting for … structural breaks or to other measures of debt maturity from firm-level data that account for call and put provisions in debt …

debt financing constraints and equity financing constraints have a significant restraining effect on cost stickiness. The …

We estimate firm-specific marginal cost of debt functions for a large panel of companies between 1980 and 2007. The … marginal cost curves are identified by exogenous variation in the marginal tax benefits of debt. The location of a given … company's cost of debt function varies with characteristics such as asset collateral, size, book-to-market, asset tangibility …

We estimate firm-specific marginal cost of debt functions for a large panel of companies between 1980 and 2007. The … marginal cost curves are identified by exogenous variation in the marginal tax benefits of debt. The location of a given … company's cost of debt function varies with characteristics such as asset collateral, size, book-to-market, asset tangibility …